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2481  Alternate cryptocurrencies / Altcoin Discussion / Re: Why Dash is not a scam, but a scheme on: October 25, 2015, 01:54:03 PM
...

And that's not a complete list, doesn't getpeerinfo order by latency?

Oh so now it isn't a complete list once it is shown that many of those ips are VPS instances?

Looks like maybe 10 different people mining on that list ("dashers").

Evan said there were "hundreds" of miners.

Fwiw, no, it lists them as they where added. As I said earlier, several folks who where mining from day 1 said their IPs aren't on it so it's not complete, unless you want to say they're sockpuppets for Evan and if so we might as well stop their 'cos that's a road to nowhere.

Miners jump on coins at launch because of the low difficulty and those services give the best bang for your buck with CPU mining, why would Dash be any different?
http://cryptomining-blog.com/tag/crypto-coin-calendar/
http://www.coindesk.com/gaw-miners-altcoin-launch-sparks-speculative-frenzy/

How many people claimed this that you can quote?

100? 200? 300?

Please enlighten us all on how many you have actually heard from claiming their ip was not listed on that list.
2482  Alternate cryptocurrencies / Altcoin Discussion / Re: Why Dash is not a scam, but a scheme on: October 25, 2015, 01:34:54 PM
People complains about Dash, formerly Darkcoin, formerly Xcoin, being instamined and not rightfully propagated.
Well, I think there are some things that we need to reconsider before we actually come to this conclusion.

A) The history.

When Xcoin was launched, it had no other features that any other coin didn't have. It was a restart and a copy with no unique features. It was worthless, and it got distributed through an "instantaneous mining"(2.5m coins out of current 5.0m supply within 8 hours).

small correction : it was actually 1.99m not 2.5m --> https://dashdot.io/alpha/?page_id=118

Yes that is correct. The last block with extra coins was 4500, with 1.99m+ outstanding. If you click forward to the next block you will see it drops from 500 to 25 coins.

https://chainz.cryptoid.info/dash/block.dws?4500.htm



Much of this still reminds me of how Solidcoin dev Realsolid/Coinhunter changed the emission to drop the rewards per block of solidcoin. Went from like 50 to 5 or so.
2483  Alternate cryptocurrencies / Altcoin Discussion / Re: Why Dash is not a scam, but a scheme on: October 25, 2015, 01:33:13 PM
...

And that's not a complete list, doesn't getpeerinfo order by latency?

Oh so now it isn't a complete list once it is shown that many of those ips are VPS instances?

Looks like maybe 10 different people mining on that list ("dashers").

Evan said there were "hundreds" of miners.
2484  Other / Off-topic / Re: BIBINKA WORD GAME! on: October 25, 2015, 06:06:22 AM
Fat Tay Choon went to the Mining Academy in Brazil, east of Satoshi's yurt, where Gavin was kidnapped by the CIA's goons and forced to pretend fucking an anonymous decentralized biscuit—better than all the fish in the Pacific Ocean—but also to defray leeches intelligently with ECDSA fighting qubits for 16.8 dree12, or Phinnaeus must fling toilets towards psy‐ops, without potato smoothies mixed with fried chicken wings from BitMunchies.com, urbanchickennj.com, and Popeye's Bitcoin wallet, which deleted Satoshi's premine ability to cheer very victoriously, none like Butterfly Labs better enabled, but also Pirate crashing AIR applications without the express use of interest-free scams, conspiring with fraudulent sockpuppets and PPTs and..., you troll-herding piece of Shiitake mushroom, go lick Goat's horns until Theymos admits to having a quite erotic fetish involving honey badgers wearing thongs composed of soggy burlap waffles dangling from cosmic linoleum-based iphones running quantum chips explodes spewing deadly acid! b!z screamed out "Light is bright like...like... stars." When Markjamrobin opens the isolated window, he sees three pigs together in bed. Kouye and myself laugh when chinese food falls the impact kills Obama Bin ladin whoever thinks he may be terrorist, is correct but hates the bitcoin logo. Earth has snakes. Currently, the other species have decimated to tiny groups called "marko solo" whatever time it all comes and ends? However, Bitcoin's acidity level dipped causing catastrophic double-spends!

Meanwhile, AntiOps was confused by the awkward change to his penis melting uncontrollably. Vanilla Ice perfume spritzed onto cheese and greasy slime covered with babies boiled in a smelly old heatsink. But it tasted like shit therefore it poisoned his blood although he did survive. Reproductive organisms attacked the internal testicle which caused terrible congestion somehow. Evolution then terminated the smelly old business thank the inability of AntiOps to lock Satoshi's thread. In a transactional forum there was a debate about hacking unprotected accounts, however the debate shortly ended.

Phinnaeus Gage, king pluto, duke of the people. Returned one of his loans that he fraudulently claimed without declaring intentionally. Although this was bullshit. Earth was hit by a meteor which cause catastrophic events which cause people to cause mass destruction by proxy voting it was documented recently on the news that oranges are disguised anti-gravity pockets which have giant bears attacked Zeus because bitcoin accidentally crashed to Mars which created spaceships and aliens who pretended being humans wearing hats on their toes.

Altcoin suck on apples and oranges too. Megacoin is the most shit sucker of apples and  melons ever. Most people love to troll others. Evolution is a slow process which created forks. It is beneficial to wash your feet because it distributes bacteria and oil, notwithstanding the beneficial attributes which are how chocolate arouses some of the miners brains. Today was an abysmal event which caused many abnormal but not smart bitcoiners because many of them are cute animals who were insane because of excessive oreo consumption. One watermelon is not love how people try me explotation Maybe Heisenberg Breaking bad control guy director or masturbation my time vampire drinks urine not lemon tek and water supernatural.

LEALANA is fat looking because pizza is sour with pickles which are sexy and never rot. So many people eat pizza it's unbelievable. The news said that pizza is bought mainly with anchovies which results in big wet weather which had massive gusts of wind with pouring milk down on everyones throat because it feels great! Although honey is very sweet taste it makes when it is served hot it melts softly but slowly.
The universe is populated with many planets which were destroyed by pirateat40. Cyborgs then warped to the zoo and ate mushroom with a aerospace technician. Bitcoin has used a lot resources from peoples although people smell like melons.

Ipods suck. Androids rule. Altcoins also suck peanuts. Bitcoin is the greatest idea that has ever been created by man although litecoin sucks? Once upon a time Gandalf went to wal-mart to dry her hair. Minecraft is the best game in universe because chickens cluck. 231134421 is one crazy big ass monkey. What is with people posting replies still. Terraria is a crazy game which requires extreme concentration. This can result in health cubes; Parentheses are a pain in the brain. This noodle is disgusting. Although spaceships cry waterfalls they are magical little elves. Golden towns is very annoying and smell like bacon. Celebrities are awesome and smart. But, evolution taught us that butterflys are ugly.

Vitamin D is important to scam Taras and raise taxes which would cause the world to go crazy but not insane. Obama is the president now. Alot of gamers will illustrate sony that nintendo is leading the infiltration of Iran. Microsoft Windows was salivating pedophiles of the coastal farts. Yet the banana shrank. What was doge poo doing under the bridge with bridge cleaner? He was just he's aren't because something something different like seems incorrect, because we fucked. Yet prunes prunes are very bad lad's yet unknown to fuckers SWEARING. Banana monkey is not virgin-horse. Corn.

This disappoints satan more than satoshi because he ate hydrochloric pools and he fucked whores who are sick shemales shemales shemales BANGCOCK! God smited non-believers with dicks on a stick. They shat together sitting upside-down flicking birdies. Baezl'bub slept with Hitler inside a bomb ticking furiously and hodling. That was awesome. Bitmit made belt so that walruses can shit on his dick and eat mushroom full of wonderful shit, he HODL'd BTCs and Dogecoin with a succubus sperm from first blowjob stories.

Nefarious words spoken shit at bitcointalk and destroyed uranus with a big-ass Spaceship mouth that eats goats flying shuttle that revolves expressly and quietly to hell. Gamma flux destroyed Litecoin with a barracks producing Atreides shit and Kadafi. Same Binladen puppet goxed clients sucking lollipops shaped like mixed frapuccino lids. Goku start this fight prematurely in Odessa Klondike's yard. Winter is not shitty. Gooches. Seven. Humanity sold pubes to Zeus. Nevertheless, Cinnamon was crying. Millennium breakdown caused diversification methheads cardinally. Hyper-inflation, epidemics with marshmallows made by government chodes and yeah. The End. No. Yes. Lies. Stop. Can. Do aliens have any bitcoins? No. Instead, PPC acts quickly like FTL shit, riffraff toys.

Miracles happen like cannibals spitting sinew and elephants which innocent love and shit has never fucked up! Dank has killed bysexuals... wait, when did Karpeles said/say McDonald's sucks? Colonel Tom sex-machine The 3.14159265358th must fook anything that goes into a section. Beaware of spellcheckers. Fantômas portuguese are sobriquet of Fernão who called them Coads-nigs! They say we are azoth, biblical tittynopes who can't mine the janiceps'. He biblically took Rosenzweig and ended this game. And then wanked, wanked clitoris next door. This was done. Moreover, crack was rapidly dephosphorylated due to complications anhidrotically, metaphorically whores go mooooooooo and ahhhhhhhhhhhhh while jon snow watch has ended this thread for good.

Not... Actually, maybe futuristically, Vod (MIA) sailing CASASCIUS up Padma Lakshmi's waxed butt and... Nevermind, but acknowledging that Gavin held security. This marks, categorically, that will create scientific controvertist of global heliolatry problems indistinguishably noticeable filipino heritage, unbeknownst to Slenderman XT phenomena. GLEB sucked smoothie's brains using juicy zombies, dicks, Popsicles, and alien vaginas to rotten flesh of Vod. Meanwhile, giant marsupials are having suicidal sex appeal for four tentacles, watching child whoopee. Therefore, vegetables are unpretentiously super[...]docious. Fruits are rotten potatoes, avouchment vouched x10 malware because aliens kidnapped JarJar, mercilessly LeFodorliar and Gleb Gamow lived days along seashore, Theymos abused his Authoritah by forcing a purple pill To Fly! Serendipitously, awsome! Then I started UFOing on their ass, savagely. But, it is impeccable to realize I farted psychedelic asparagus smoothies. However, Mexico is shit and... Rephrase that, corporations syria declared terrorists irreproachable because malevolence misappropriates monetary suffrage suggesting termination.

Meanwhile, yogurt spill has begun to fall onto houses and cars, hawkishly attempting to grab two crayons, inserting phallic Popsicles® into Theymos' abysm until... POOP! The excruciating pain took aeons to appreciate plethoric folliculitis silvestris poop generator. Why nidificate the indigenous spirit called "erection"? Prepossessingly, pneumonoultramicroscopicsilicovolcanoconiosis a discomfortable endoplasmic tumescent pineapple tree branch rectally QuickSeller escrow. Involution, presumptuously titin pop up inconsiderately - Tuesday - when pokemon (Pokémon)'s Pikachu flashbacked borders dementia caused horrendous pain inside Agumon's PocketPussy™.

Daft Punk punked Dank with pussy heavy hookah shot whilst levitating abroad oceans blue that fadedly waved the unseen quote yet cited. Unjust superexcrescences excuses me because of Neotox produced such force by Poseidon's Trident of Taured. Now, albeit-albeit DARKCOIN-SCAMCOIN but tried to interlock coins out of your anal cavity filled lordly exponentially with bold pumpkins wiggling back to school days yesterday morning. Onomatopoeias ate language. Rigveda inside coupons collectively jumped over the "Core Mission". Pussies annihilate doge.

Pythons and anacondas don't squirt unless you got into buns coin phlegm on their tongues. Why did GLEB touch my vault extravagantly? I galumphed after midnight parade on my horse galloping in reverse to realize "holey-moley". Forgotten equines maybe because MONERO promotions failed for several days made before ends of christmas so that it won't morbidly end happily at all. Overlord espials all within the safehouse CRACK and maths are increasingly hard to ejaculate onto pomegranates with penises flying about. Suddenly, Nikko realised, "SHIT! ...Pneumonoultramicroscopicsilicovolcanoconiosis, AGAIN!"

We shall never, NEVER go back beepbopping again. Then afterwards, Zelda found prophylactics transforming Macarena calisthenics to defeat her Herculean strenght - strength mispelled porpoisely - with Who (Doctor) movie scaring the fuck out of Casper. Time Lord fag get net work for Nicholas Tesla who's balls bounce before he collapsed after scratch the boobs of Vod. Vod never realized that was something amiss with quikseller of bitcointalk site escrow because he penetrated to the secret vault of stat and doubled the the bitcoins of the prison where Nakamoto lives imprisoned sans serif comics. Polymorphism, exhibitionism? No! NO! Exterminate! what the hell is happaning? Why did Satoshi die? It was because he farted on Lady "Gaga" Godiva.

Junior Samples make a wonder filled with excitement: Call Saul (BR549). Breaking Bad epitomizes the entirety of the methamphetamine movement. Alexithymia is putrid like smelly whit of publicity stunt whoopie such fail in mining field lockers that hentai sites gangbang with Hatsune Miku tentacles. The feelings I encountered when I meet the president, Millard Homomorphicity IV, I eyed him quizzically. Once Upon a Midnight afternoon when Gonzalez unwillingly took the rulebook down to Alabama and shat shit on the NASCAR while ca333 aka Bubba Kaninski filmed awesome rims.

Smoothie once lethargically stroked Phinnaeus Gage Vod where buffalo barrage claims cowpatties slapped with Limburger [poison] cheese. Poteepopoppooh kicked Kack in Walnut's park. CHOON tunes fat
2485  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency - 0.8.8.6 on: October 25, 2015, 05:26:59 AM

So really not to worrisome. Quantum is the real danger.


Quantum is no danger.

Quote
Is the encryption used by VeraCrypt vulnerable to Quantum attacks?

VeraCrypt uses block ciphers (AES, Serpent, Twofish) for its encryption. Quantum attacks against these block ciphers are just a faster brute-force since the best know attack against these algorithms is exhaustive search (related keys attacks are irrelevant to our case because all keys are random and independent from each other).
Since VeraCrypt always uses 256-bit random and independent keys, we are assured of a 128-bit security
level against quantum algorithms which makes VeraCrypt encryption immune to such attacks.

I think the algorithms used in Monero are even stronger than in VeraCrypt.

Quantum attacks are potentially a danger to Monero. The distinction is that symmetric encryption like AES, etc. are much less vulnerable than signatures. All widely-used signature algorithms including those in Monero and Bitcoin are potentially vulnerable. It will be something that cryptocurrency will need to deal with in time but no one is panicking quite yet.


then its a good thing Monero has a hardfork schedule in place, I assume it could be invoked in emergencies such as an indentified quantum attack is in place and a known remedy can be implemented.

https://en.wikipedia.org/wiki/Post-quantum_cryptography

it is good to be prepared but I think it will be a while before we have to worry about that

I'd say at least another decade. But then again maybe several.
2486  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: October 24, 2015, 10:20:36 PM
Monero has nothing to lose from a BTC rally, it will put more eyes on crypto where it shines. But if all we see is just a pump on BTC and the old altcoin (LTC, PPC, NMC, etc) then its just pumping again to be followed by dumps (just ppl after making more money) and not a genuine rally signaling widespread crypto adoption. tl;dr nothing to be excited on the long term if an e-cash like Monero does not follow the BTC rise.

Yeah I agree. I hope bitcoin gets more attention. Basically it is the trailblazer for crypto and cryptocoins to come (monero being one of them existing today already).

This bitcoin rally looks like it will be a march up....and not a bubble....yet.

XMR will get hammered at first...but it will have its day.
2487  Economy / Collectibles / Re: [WTS] Lealana 0.1BTC * Brass * unfunded * on: October 24, 2015, 09:10:34 PM
If you are referring to one that you bought directly from me. Then it has a sticker/hologram.

I've never sold coins without putting on a hologram. Even unfunded ones I put the hologram and laser it.
I'm not referring to the coin I recently bought from you. I have no idea if I bought my Brass 2013 Lealana 0.1BTC directly from you and I don't have any pictures of the backside in my imgur album.

Ahh I see. Okay  Smiley
2488  Economy / Collectibles / Re: [WTS] Lealana 0.1BTC * Brass * unfunded * on: October 24, 2015, 09:05:22 PM
Could you reserve me two coins (with the lowest numbers possible)? I need to check my 2013 Lealana coin first to see if it has a sticker on it or not (and I won't be home till Monday). I'll be buying at least one coin, that's for sure.

If you are referring to one that you bought directly from me. Then it has a sticker/hologram.

I've never sold coins without putting on a hologram. Even unfunded ones I put the hologram and laser it.
2489  Bitcoin / Bitcoin Discussion / Re: This Might Sounds Strange: Bitcoin Violates the Principle of Money Fungibility on: October 24, 2015, 08:46:49 PM
I'm reposting this here as I believe it is relevant:


I love bitcoin and what it was created to be. But in light of the ability for regulatory authorities to ban or blacklist specific coins that have a certain address history association personally I see bitcoin as losing its fungibility in that respect.

Sure "Bitcoin is not the problem" is one way of looking at it, but other side of the argument is that "why not just fix that issue by disallowing transactions to be tracked by default and just have privacy features on by default?"

We know the answer: Too much opposition to changing the core protocol allow that to happen.

So the argument has those two sides...

SIDE A: Bitcoin is broken via fungibility because one can discriminate some coins to be accepted vs others based on block chain analysis.

SIDE B: Bitcoin is not broken and the financial system and businesses who choose to discriminate certain coins from being spent/exchanged in 3rd party businesses are broken (and the problem).

Two sides and probably both right in their own respect.

Although the arguments and sides exist it doesn't change the fact that businesses/govt/individuals can discriminate from accepting certain coins based on block chain analysis of their respective histories.

We have to remember that bitcoin does exist in this current world no matter how much we disagree with TPTB or the broken legacy monetary system. As long as that type of system exists there will be some issues concerning discriminating against accepting certain coins from certain addresses.

THOUGHT SCENARIO EXERCISE DEALING WITH COIN DISCRIMINATION
This thought experiment is to merely be just that an experiment and is not intended to give people ideas on what to do or not do in certain scenarios

You are an average joe looking to trade cash for bitcoins or some object like (gold coin) for bitcoins. Assuming you know each of the possible scenarios are true below.

BOB has bitcoins he wants to trade/exchange with you.

Which scenarios below would you consider not trading with BOB and discriminating against accepting his BTC for payment or trade?

Which scenarios would you trade with BOB and not discriminate against doing a trade?


BOB wants to trade you his BTC is the same person who just:

A. Robbed an old lady of her BTC by ransacking her house then beating the crap out of her.

B. Sold Kiddie porn for BTC

C. Ordered and executed a terrorist attack on a city killing a few hundred people and was paid in BTC to do so

D. Evading taxes with BTC

E. Was paid in BTC for prositution

F. Sold illegal drugs for BTC


Now if you really think about it, people can and will discriminate if they know or suspect something has happened with those BTC.

Would you accept BTC for trade or payment knowing that one of those things happened?

Which ones would you discriminated against more than others?

This brings in different shades of discrimination. As not every person would necessarily pick all of them to discriminate against. Some might even pick all of them to discriminated against. Some possibly would not care.


BTW I noticed you did not even address my thought example above.



How would you determine who you would trade with if you knew those things were true? Which scenarios would you trade with that person if you know that the scenario is true and BOB is guilty of doing that?




Then the problem would not be "That money is bad" but it would be you not wanting you to deal with criminals, which is up to the law enforcement to catch. Or the individual to care.

Do you see anyone having problem buying or accepting the Bitcoins sold by the FBI? No.

You forget that TPTB (the authority) can pretty much do what they want. When they possess the coins from criminals it is all of a sudden made "clean".

Do you see exchanges using some sort of blacklist database considering BTC as bad? No.


YES. BTC-e and the evolution stolen coins.

MTGOX did this with bitcoinica stolen coins.

Bitpay is doing this on their own recently announced black list as I linked to in this thread once already.


Do you see some sort of centralized authority that track and detect all BTC used in criminal activity? No. And wait, its not even possible to detect/enforce, since bitcoin does not have a centralized authority.

So unless you have actionable example of your super project that isint even possible in the first place (Its effectively impossible to detect which BTC has been used for anything you mentioned or not, its impossible to enforce, etc) then we can safely say that we're at no risk.

There just is no way for a company to dedicate billions of USD trying to track and tag every single transaction ongoing when there's not even a way to consistently connect the BTC to a crime or even an identity.

TLDR; Its fungibility, even though its not even relevant with BTC, is assured because there is not way to say whether the BTC was obtained legally or illegally. Especially when you take into account how easily it is to mix BTC.

Just because you can't see something, doesn't mean it isn't there.

I'm pretty sure it won't cost billions to track and tag transactions that they want to.

How is there no way to consistently connect BTC to a crime when many people who operated on silk road got caught and thrown in jail? <---- this topic is irrelevant as we are not really talking about people getting caught in their crime but coins associated with a crime not being accepted for payment/trade.

Do you think Ross Ulbright could have benefitted from default privacy options in bitcoin?

Mixing BTC doesn't remove the transactional history. Thus coins can be traced back to their source on the block chain.

2490  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DASH] Dash | First Anonymous Coin | Inventor of X11, DGW, Darksend and InstantX on: October 24, 2015, 12:27:21 PM
This is a noteworthy post. Gmaxwell thinks DarkCoin (DASH) is highly centralized and masternodes can deanonymizes its users.



Your pump and dump dance would probably be more effective if you were less transparently dishonest in your approach.

CoinJoin is trustless— which is orthogonal with centralized or decentralized, it could be implemented several ways (though trustlessness is usually a prerequisite to a decenteralized implementation). Post 5 in the CoinJoin thread writes in depth about implementing it in a decenteralized way, none of which appears to have been implemented by the darkcoin developers as far as I can tell— from what I've heard it seems that they're not even able to understand it.

what DarkCoin does is highly centralized

"masternodes" does not sound like something decenteralized, it sounds like something that creates a small chokepoint which could be used to deanonymize its users, like a server based CoinJoin but worse since you have to hold a huge pile of coins to run a server.

From what I can tell the only purpose DarkCoin serves is to depress me about the state of humanity.


2491  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: October 24, 2015, 09:21:21 AM
~Monero: "It doesn't matter if you're black or white." Cheesy
2492  Economy / Collectibles / Re: [WTB] Lealana 1btc MS67 graded coin on: October 24, 2015, 08:56:04 AM
Hi,

As per title, am looking for a Lealana 1btc MS67 graded coin.
You will be posting to Australia.

Thanks
Smiley



Loaded or unloaded? How about a MS68 unloaded?

I guess loaded unless there are unfunded ones out there  not marked buyer funded.

Prefer MS67 to complete set of 67's.
Would take a 68 if nothing else turns up though.
Cheers


Any coin not marked "buyer funded" is funded.
2493  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: October 24, 2015, 08:42:07 AM
Above comments about CT are correct. However, even with CT, using math an observer can still verify that the coins spent are equal to the coins received. You just can't tell the number.

It's not a bug.  It's a feature.  Wink

An important feature! With Zerocash I believe this is not the case. Not being able to verify the circulation of a currency is a scary thing.



In essence it is "TOO DARK" or "TOO PRIVATE".

Monero is a good balance of being black and white.  Grin Grin Grin
2494  Bitcoin / Bitcoin Discussion / Re: This Might Sounds Strange: Bitcoin Violates the Principle of Money Fungibility on: October 24, 2015, 08:33:10 AM
I'm reposting this here as I believe it is relevant:


I love bitcoin and what it was created to be. But in light of the ability for regulatory authorities to ban or blacklist specific coins that have a certain address history association personally I see bitcoin as losing its fungibility in that respect.

Sure "Bitcoin is not the problem" is one way of looking at it, but other side of the argument is that "why not just fix that issue by disallowing transactions to be tracked by default and just have privacy features on by default?"

We know the answer: Too much opposition to changing the core protocol allow that to happen.

So the argument has those two sides...

SIDE A: Bitcoin is broken via fungibility because one can discriminate some coins to be accepted vs others based on block chain analysis.

SIDE B: Bitcoin is not broken and the financial system and businesses who choose to discriminate certain coins from being spent/exchanged in 3rd party businesses are broken (and the problem).

Two sides and probably both right in their own respect.

Although the arguments and sides exist it doesn't change the fact that businesses/govt/individuals can discriminate from accepting certain coins based on block chain analysis of their respective histories.

We have to remember that bitcoin does exist in this current world no matter how much we disagree with TPTB or the broken legacy monetary system. As long as that type of system exists there will be some issues concerning discriminating against accepting certain coins from certain addresses.

THOUGHT SCENARIO EXERCISE DEALING WITH COIN DISCRIMINATION
This thought experiment is to merely be just that an experiment and is not intended to give people ideas on what to do or not do in certain scenarios

You are an average joe looking to trade cash for bitcoins or some object like (gold coin) for bitcoins. Assuming you know each of the possible scenarios are true below.

BOB has bitcoins he wants to trade/exchange with you.

Which scenarios below would you consider not trading with BOB and discriminating against accepting his BTC for payment or trade?

Which scenarios would you trade with BOB and not discriminate against doing a trade?


BOB wants to trade you his BTC is the same person who just:

A. Robbed an old lady of her BTC by ransacking her house then beating the crap out of her.

B. Sold Kiddie porn for BTC

C. Ordered and executed a terrorist attack on a city killing a few hundred people and was paid in BTC to do so

D. Evading taxes with BTC

E. Was paid in BTC for prositution

F. Sold illegal drugs for BTC


Now if you really think about it, people can and will discriminate if they know or suspect something has happened with those BTC.

Would you accept BTC for trade or payment knowing that one of those things happened?

Which ones would you discriminated against more than others?

This brings in different shades of discrimination. As not every person would necessarily pick all of them to discriminate against. Some might even pick all of them to discriminated against. Some possibly would not care.
2495  Bitcoin / Bitcoin Discussion / Re: [Poll] Is Fungibility (and therefore privacy) an issue with bitcoin? on: October 24, 2015, 08:18:46 AM
bitcoin itself is free to move, there is no cod that prefers one satoshi over another..
i wish people would realise this..

the problem is not bitcoin, its businesses and their preference.
EG
online stores do not accept bank wire transfers or banknotes by mail.. they only accept visa/mastercard.
ontop of that a majority of online stores only accept the native FIAT of the location where the HQ resides.
meaning an american store dos not accept euro's.

they dont accept gold, silver or diamonds..

this does not mean banknotes, silver, gold, diamonds, non-native fiat is screwed or has problems. it just means that the business has decided to limit its payment options and customers end up shopping elsewhere.

slowly the business will die off if it limits its payment options too much. which for narrowsighted businesses, is a good thing.

if the corner store in detroit stopped accepting banknotes, knowing the neighbourhood is 90% full of drug money. the store would close down. and thus the corner store still accepts bank notes.

it is not illegal for a business to accept funds if its from a drug dealer.. it is however illegal if the transaction itself is drug related where the shop owner has some drug related intent.

stolen funds or funds related to a crime are not permanently illegal to be used.. otherwise the court system would collapse when they cant get funding from fines and bail.


I love bitcoin and what it was created to be. But in light of the ability for regulatory authorities to ban or blacklist specific coins that have a certain address history association personally I see bitcoin as losing its fungibility in that respect.

Sure "Bitcoin is not the problem" is one way of looking at it, but other side of the argument is that "why not just fix that issue by disallowing transactions to be tracked by default and just have privacy features on by default?"

We know the answer: Too much opposition to changing the core protocol allow that to happen.

So the argument has those two sides...

SIDE A: Bitcoin is broken via fungibility because one can discriminate some coins to be accepted vs others based on block chain analysis.

SIDE B: Bitcoin is not broken and the financial system and businesses who choose to discriminate certain coins from being spent/exchanged in 3rd party businesses are broken (and the problem).

Two sides and probably both right in their own respect.

Although the arguments and sides exist it doesn't change the fact that businesses/govt/individuals can discriminate from accepting certain coins based on block chain analysis of their respective histories.

We have to remember that bitcoin does exist in this current world no matter how much we disagree with TPTB or the broken legacy monetary system. As long as that type of system exists there will be some issues concerning discriminating against accepting certain coins from certain addresses.

THOUGHT SCENARIO EXERCISE DEALING WITH COIN DISCRIMINATION
This thought experiment is to merely be just that an experiment and is not intended to give people ideas on what to do or not do in certain scenarios

You are an average joe looking to trade cash for bitcoins or some object like (gold coin) for bitcoins. Assuming you know each of the possible scenarios are true below.

BOB has bitcoins he wants to trade/exchange with you.

Which scenarios below would you consider not trading with BOB and discriminating against accepting his BTC for payment or trade?

Which scenarios would you trade with BOB and not discriminate against doing a trade?


BOB wants to trade you his BTC is the same person who just:

A. Robbed an old lady of her BTC by ransacking her house then beating the crap out of her.

B. Sold Kiddie porn for BTC

C. Ordered and executed a terrorist attack on a city killing a few hundred people and was paid in BTC to do so

D. Evading taxes with BTC

E. Was paid in BTC for prositution

F. Sold illegal drugs for BTC


Now if you really think about it, people can and will discriminate if they know or suspect something has happened with those BTC.

Would you accept BTC for trade or payment knowing that one of those things happened?

Which ones would you discriminated against more than others?

This brings in different shades of discrimination. As not every person would necessarily pick all of them to discriminate against. Some might even pick all of them to discriminated against. Some possibly would not care.
2496  Alternate cryptocurrencies / Altcoin Discussion / Re: How to start your very own shitcoin scam in 6 easy steps! Inspired by DRK/DASH on: October 24, 2015, 07:50:28 AM
...


This is how I used to day trade for my firm back in the day.


Now why would he need to buy coins on an exchange at all when by his own admission the DASH team is selling coins OTC ?

He used to trade for a firm?

And that is how he did it? Gosh I feel sorry for his employer.
2497  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DASH] Dash | First Anonymous Coin | Inventor of X11, DGW, Darksend and InstantX on: October 24, 2015, 07:36:01 AM
Duffield needs to rethink his extreme compound interest node system.  The Hobonickel and it's interest were considered kind of sketchy, and it's nowhere near as sketchy as Dash.  For coins like the Hobonickel, you got huge interest if nobody staked, but it goes down to like 1% if everyone stakes.  The stakers and miners are also all competing for the same pie with no distinction between the two.  In Dashcoin, you have tons of people staking, yet everyone appears to be making huge gains.  Something doesn't quite add up here.

In the Hobonickel, someone gaining more stake just increased their mining power, but giving people huge compound interest in Dashcoin is completely different because they're constantly manufacturing new Sybil nodes, thus hurting the integrity of the system.  I'm not going to pretend any system is fully Sybil resistant, but if people want Sybil nodes, you should at least force them to pay for it in the form of mining expenditure or buying on exchange instead of giving it to them for free. 

If you give people compound interest, you should probably be raising the coin requirement for a supernode, but instead, Duffield is talking about lowering it to 500, increasing Sybil count even higher? lol?  Is this coin supposed to be some kind of Sybil manufacturing plant?

Consider the implications in extreme cases for the "1/100 chance of receiving a double payment" "Easter egg."

If you have 100 masternodes, you always get at least 1 double payment/round.  If you only have 1, the variance kills you.

It's far easier to go from 100 to 101 (and thus, 100 to 200) masternodes than from 1 to 2 using interest, and the "Easter egg" only compounds that effect.  So the richest DashHoles get even richer, faster, depending mostly on how rich they are to begin with.

As with the aborted air-drop attempt to correct the insta-mine's maldistribution, the "Easter egg" is yet another gift to otoh the dash whale.  It's actually more of quid pro quo, to repay otoh for single-handedly propping up the price of this dying, obsolete scam and getting new pumps going.

Like Scientology, this cult is run for the benefit of its High Priest, financier, and enforcers, not the late-comers.

And by late-comer I mean anyone who didn't participate in the first 48 hours of gratuitous instamining.

We'd like to attribute this to incompetence, but the preponderance of evidence for malice is overwhelming.

Don't forget it was a feature that the emission was jacked up in the first 2 days. When you paint yourself into a corner just put a spin on things and say "no one can stand in my corner!".  Cheesy
2498  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DASH] Dash | First Anonymous Coin | Inventor of X11, DGW, Darksend and InstantX on: October 24, 2015, 07:34:06 AM

If you have 100 masternodes, you always get at least 1 double payment/round.  If you only have 1, the variance kills you.



Is it 1% chance per node?

So same would be the case if someone had 1000 nodes they would get 10 double payments?
2499  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DASH] Dash | First Anonymous Coin | Inventor of X11, DGW, Darksend and InstantX on: October 24, 2015, 07:30:18 AM
PAID SOCK PUPPET &  TROLL!

Wow...cant believe how low class and desperate xmrats are.  Right from the ghetto.



really? who is paying to be a paid sock puppet and troll?

Sign me up  Tongue
2500  Other / Off-topic / Re: BIBINKA WORD GAME! on: October 24, 2015, 07:18:15 AM
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